Banking & Finance
Table 104 - Cheque Clearances - Metros
Year
Mumbai
Calcutta
New Delhi
Chennai
(Rs crores)
1990-91
1,182,587
104,051
239,979
176,123
1998-99
4,252,073
268,759
750,660
396,110
1999-2000
5,587,215
318,420
847,094
430,104
2000-2001
6,667,989
365,280
818,999
509,292
The amount cleared in Mumbai has increased by over five and a half times
The cheque clearances in rupee terms has trebled in New Delhi, Calcutta and Chennai
Mumbai's dominance as financial centre is clearly visible in banking transactions